Forex Trader

The world of investing is never static and new ways of trading are constantly being advanced in the financial markets. Binary options was introduced in 2006 and has since become one of the most popular methods of trading. Trading binary options is probably the simplest way to make quick bucks. It doesn’t take much knowledge […]

A Word to the Wise Let me give you a few more ideas for trading Forex. These are just some lessons I learned over the years that can be helpful when starting out. Oftentimes we get so involved in trading that we forget to go back to the basics. So here are a few reminders: […]

There are many elements that influence currency prices and you need to understand exactly what affect they have on Forex markets if you are going to become a successful trader. None of these factors are in your control, of course, but by understanding them and monitoring them properly, you should be able to come out […]

Even beginner traders eventually gain experience in trading and start moving ahead. Once you have decided to take this step I strongly advise you to stop what you are doing and take upon yourselves to learn some advanced techniques that will give you additional opportunities to be successful Forex traders. One of the most popular […]

The second approach to analyzing the Forex market is fundamental analysis. Fundamental analysis is a method of evaluating a currency by using certain real information to arrive at its value. The end goal of all this is to come out with a value that you can compare with the asset’s current price and then decide […]

One way to feel in control of your Forex trading strategy is to keep a running notation of your actions. By recording your trades in an organized way, you will be able to see a clear picture of how you have been trading and if there is a particular trend you seem to be taking. […]

There are two basic approaches to analyzing the Forex market and I recommend you understand and use both whenever they are appropriate. The first one is Technical Analysis. TA is a method of forecasting the direction of prices by studying historical currency information to predict the direction of future prices. You look at how prices […]

When you undertake to do something seriously, there is no way to stay emotionally detached. This is true in most areas of your life. It holds true for Forex trading as well. If you don’t plan your trades correctly, you will never come out a winner. Strategies and logical decision making will be pushed aside […]